Entry into a Definitive Agreement to Purchase All of the Assets of Mix1, LLC
As previously disclosed in a Form 8-K filed on July 5, 2013, the Company entered into a Memorandum of Understanding to purchase all of the assets from Mix1, LLC, an Arizona limited liability corporation (“Mix”). On July 5, 2013, the parties executed a Definitive Agreement to complete the purchase. The Company has now paid Mix $120,000 USD and will be issuing Mix a total of 2,500,000 newly issued shares of common stock in the Company.